Best balance transfer cards.
What is balance transfer and how does it work.
A balance transfer is the process of transferring high interest debt from one or more credit cards to another card with a lower interest rate.
A credit card balance transfer involves moving debt from one credit card to another.
This will help you pay off debt faster since more of your payments will go toward the principal balance each month instead of toward interest charges.
The 0 apr balance transfer is the best of all balance transfer promotions because it means you won t pay any interest transferred amount until after the promotional period.
Qualifying for a promotional balance transfer offer usually requires you to have good to excellent credit.
A balance transfer is a way to save money by moving one or more debts to a lower interest credit card.
A balance transfer is when you repay existing debt with a new credit card.
It s a strategy that can help you save money and pay off debt faster if you re careful about details like fees interest rates and restrictions on transfer amounts.
This moves or transfers your balance to the new card but does not reduce the amount you owe.
Credit card balance transfers are typically used by consumers who want to save money by moving high interest credit card debt to another credit card with a lower interest rate.